LG Electronics

Located in Yeouido-dong, Seoul, South Korea, LG Electronics Inc. is a worldwide electronics corporation. In conjunction with LG Chem, the group's chemical and battery branch, LG Electronics is a division of LG Corporation, the fourth-largest chaebol in South Korea. Home entertainment, mobile communications, home appliances and air solutions, and automotive components make up its four business units.

Zenith was purchased by LG Electronics in 1995, and LG Display, the largest display business in the world by revenue in 2020, now belongs to LG Electronics. [Reference needed] In addition, LG Electronics is the world's second-largest TV producer after Samsung Electronics. The business operates in 128 countries and employs 83,000 people.

The market capitalization of LG Electronics as of March 2023 was $15.54 billion. By market capitalization, LG Electronics is now the 1037th most valuable corporation in the world. The most recent financial reports from LG Electronics indicate that the company's current revenue (TTM) is $64.85 billion. The corporation generated $65.22 billion in revenue in 2021, a rise from $54.52 billion in revenue in 2020.

Founded: October 1958
Headquarters: LG Digital Twin Tower 128, Yeouido-dong, Yeongdeungpo District, Seoul, South Korea
Website: www.lg.com